cNsa5
August 2, 2023, 5:15pm
5
@patthedog3338 Definitively can CONFIRM Arichter’s accurate status of this business sector.
I linked a thread that you’ll probably find insightful & helpful - here is the direct Notary Cafe url link though for you:
If you’re seeking the unadulterated truth, then please read further.
If, on the other hand, you’re seeking sugar-coated, misleading, & prevaricating statements, then by all means, please SKIP this Thread . . .
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STEP 1: There’s a paradigm shift that needs to occur when one charts their course to become a Business Owner by moving away from being an employee. If you’re CERTAIN that you’re ready & have got what it takes to chart your own course and be an independent contractor & business ow…
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I also have included a few more below that will provide you with insights:
To preface this, I’ve been a lurker on these forums for quite some time and I’ve noticed a ton of expectations lately that seem too unrealistic. I’m a NSA out of Michigan and have been one for the past 7 years. I usually pull in at least 8k worth of business every month but it takes a LONG time to get to that point. I see a ton of newer notaries looking to make fast money or expecting SS or TC to come to them over seasoned notaries while they have very little experience.
A few tips that I’d sug…
I am just beyond frustrated with this industry. I do this as a part time gig to pay bills, I teach full time, but this industry is just asking for too much and pays too little. They really want me to do a refinance for 100 bucks that has 200 pages and want me to travel there. ALL the signing services are paying less. A refinance no matter how big should be no lower than 100 but these services constantly yelling me te the average is $80. Gas prices in my area are $3+. What idiots are out here doi…
It would be in your best interest to jot down all of the expenses associated with performing the services you provide within your service region to determine a baseline operating cost. Then, at that point, you can calculate the fees that will generate a net profit to determine if you’ll have a Profit or sustain a Loss at that rate.
There are many items to consider within your Overhead calculations. Here are a few to get you started:
• telephone expenses including cell phone equipment and month…
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All this to say that Old Mother Hubbard’s Cupboard is Bare ever-INCREASING interest rates continues to WHITTLE AWAY at what few Signing Orders are available . . .
